Net primary income in Nigeria
Nigeria: Net primary income was -9.09 billion BoP, current US$ in 2025. ◆ Volatile
Net primary income in Nigeria, 1977–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net primary income in Nigeria stood at -9.09 billion BoP, current US$.
That represents a change of down 60.9% on the previous year and up 28.5% over ten years.
Over the whole period, net primary income in Nigeria peaked at -228.25 million BoP, current US$ in 1978 and was at its lowest, -25.52 billion BoP, current US$, in 2013.
Nigeria ranks 174th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net primary income in Nigeria, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1977 | -536.68 million BoP, current US$ | — |
| 1978 | -228.25 million BoP, current US$ | -57.5% |
| 1979 | -448.67 million BoP, current US$ | +96.6% |
| 1980 | -1.30 billion BoP, current US$ | +190.6% |
| 1981 | -673.46 million BoP, current US$ | -48.4% |
| 1982 | -1.19 billion BoP, current US$ | +76.6% |
| 1983 | -875.20 million BoP, current US$ | -26.4% |
| 1984 | -1.18 billion BoP, current US$ | +34.9% |
| 1985 | -1.46 billion BoP, current US$ | +24.0% |
| 1986 | -742.65 million BoP, current US$ | -49.3% |
| 1987 | -2.88 billion BoP, current US$ | +287.8% |
| 1988 | -2.36 billion BoP, current US$ | -17.9% |
| 1989 | -2.39 billion BoP, current US$ | +1.2% |
| 1990 | -2.74 billion BoP, current US$ | +14.5% |
| 1991 | -2.42 billion BoP, current US$ | -11.6% |
| 1992 | -2.34 billion BoP, current US$ | -3.4% |
| 1993 | -3.28 billion BoP, current US$ | +40.2% |
| 1994 | -2.94 billion BoP, current US$ | -10.4% |
| 1995 | -895.69 million BoP, current US$ | -69.5% |
| 1996 | -946.96 million BoP, current US$ | +5.7% |
| 1997 | -959.47 million BoP, current US$ | +1.3% |
| 1998 | -652.72 million BoP, current US$ | -32.0% |
| 1999 | -2.58 billion BoP, current US$ | +295.0% |
| 2000 | -3.15 billion BoP, current US$ | +22.1% |
| 2001 | -2.80 billion BoP, current US$ | -11.1% |
| 2002 | -2.67 billion BoP, current US$ | -4.6% |
| 2003 | -3.24 billion BoP, current US$ | +21.4% |
| 2004 | -2.53 billion BoP, current US$ | -21.9% |
| 2005 | -2.99 billion BoP, current US$ | +18.1% |
| 2006 | -4.60 billion BoP, current US$ | +53.9% |
| 2007 | -11.75 billion BoP, current US$ | +155.3% |
| 2008 | -15.05 billion BoP, current US$ | +28.1% |
| 2009 | -14.41 billion BoP, current US$ | -4.3% |
| 2010 | -19.44 billion BoP, current US$ | +34.9% |
| 2011 | -22.78 billion BoP, current US$ | +17.2% |
| 2012 | -22.09 billion BoP, current US$ | -3.1% |
| 2013 | -25.52 billion BoP, current US$ | +15.6% |
| 2014 | -19.16 billion BoP, current US$ | -24.9% |
| 2015 | -12.71 billion BoP, current US$ | -33.7% |
| 2016 | -6.26 billion BoP, current US$ | -50.7% |
| 2017 | -8.35 billion BoP, current US$ | +33.3% |
| 2018 | -11.25 billion BoP, current US$ | +34.8% |
| 2019 | -9.16 billion BoP, current US$ | -18.6% |
| 2020 | -4.77 billion BoP, current US$ | -48.0% |
| 2021 | -8.58 billion BoP, current US$ | +80.1% |
| 2022 | -12.87 billion BoP, current US$ | +50.0% |
| 2023 | -10.54 billion BoP, current US$ | -18.1% |
| 2024 | -5.65 billion BoP, current US$ | -46.4% |
| 2025 | -9.09 billion BoP, current US$ | +60.9% |
Nigeria compared with similar countries
- Nigeria's -9.09 billion BoP, current US$ is below the median for lower middle income countries, which is -988.90 million BoP, current US$, 9.2× the median. (47 countries reporting)
- Nigeria's -9.09 billion BoP, current US$ is below the median for Sub-Saharan Africa, which is -348.88 million BoP, current US$, 26.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net primary income in Nigeria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | -295.0% | -652.72 million BoP, current US$ | -2.58 billion BoP, current US$ |
| 1987 | -287.8% | -742.65 million BoP, current US$ | -2.88 billion BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -404.53 million BoP, current US$ | -536.68 million BoP, current US$ | -228.25 million BoP, current US$ | 3 |
| 1980s | -1.51 billion BoP, current US$ | -2.88 billion BoP, current US$ | -673.46 million BoP, current US$ | 10 |
| 1990s | -1.97 billion BoP, current US$ | -3.28 billion BoP, current US$ | -652.72 million BoP, current US$ | 10 |
| 2000s | -6.32 billion BoP, current US$ | -15.05 billion BoP, current US$ | -2.53 billion BoP, current US$ | 10 |
| 2010s | -15.67 billion BoP, current US$ | -25.52 billion BoP, current US$ | -6.26 billion BoP, current US$ | 10 |
| 2020s | -8.58 billion BoP, current US$ | -12.87 billion BoP, current US$ | -4.77 billion BoP, current US$ | 6 |
Countries ranked near Nigeria
- 171 Switzerland -8.33 billion BoP, current US$ compare
- 172 Israel -8.62 billion BoP, current US$ compare
- 173 Pakistan -8.79 billion BoP, current US$ compare
- 175 Costa Rica -9.84 billion BoP, current US$ compare
- 176 Netherlands -10.81 billion BoP, current US$ compare
- 177 Romania -11.47 billion BoP, current US$ compare
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is net primary income in Nigeria?
- Net primary income in Nigeria was -9.09 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net primary income recorded in Nigeria?
- The highest recorded value was -228.25 million BoP, current US$ in 1978.
- What is the lowest net primary income recorded in Nigeria?
- The lowest recorded value was -25.52 billion BoP, current US$ in 2013.
- How does Nigeria rank for net primary income?
- Nigeria ranks 174th out of 200 countries with data for 2025.
- Is net primary income rising or falling in Nigeria?
- Over the last ten years it is up 28.5%. The long-run trend across the full record is volatile.
- Where does this Nigeria data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net primary income (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.